RN-Yuganskneftegaz: Shortens Well Construction Period
RN-Yuganskneftegaz (a production asset of Rosneft) increased the ROP by an average of 5% compared to 2020 due to the modernization of drill bits. As a result, oilmen reduced the well construction period by 24 hours during production drilling and by more than 10 hours during sidetracking. ROP depends on …
Baker Hughes & Halliburton: HAL – To Divest – Expandable Liner Hangers, BH – To Divest – Core Completions
Today we announced that Halliburton and Baker Hughes will market for sale additional businesses in connection with Halliburton’s pending acquisition of Baker Hughes. On the Halliburton side, we intend to divest our expandable liner hangers business, which falls within the Completion & Production Division. Baker Hughes intends to divest its …
Technology Roundtable: Drill Bits
1. The crash in the oil price has had a major impact on global oil and gas projects. Russia has also had to deal with sanctions and the exchange rate drop. What impact has this had on Russian demand for drill bits? How are you dealing with the situation? Halliburton: …
Baker Hughes Expands Talon Platform of PDC Bits
Improves drilling performance while reducing days on well to minimize costs, risk The new Hughes Christensen Talon™ platform of PDC bits from Baker Hughes improves cuttings evacuation for greater bit cleaning, offers application specific bit profiles for superior directional control and utilizes Baker Hughes’ StaySharp™ premium PDC cutter technology — …
Smith Bits Introduces Next Generation of Spear Bits for Unconventional Shale Plays
Steel-body PDC bits optimized for curve and lateral drilling performance Smith Bits, a Schlumberger company, today released its next-generation Spear* shale-optimized steel-body PDC (polycrystalline diamond compact) drill bit tailored for unconventional shale plays. “With the introduction of the Spear PDC bits into the shale plays in 2011, our customers saw …
ROGTEC Technology Roundtable: Russia’s Regional Drillers
Welcome to all of our participants. Could you briefly describe the rig fleet that you are operating in Russia? LLC Integra-Drilling: A part of rig fleet of Integra – Drilling (Integra Group) is presented by 320 ton Drilling Rigs BU 3D designed mainly for exploratory or single well drilling. …
Halliburton Receives OSHA Star Worksite Approval
Halliburton has been reapproved by the Occupational Safety and Health Administration (OSHA) as a Star Worksite within its Voluntary Protection Programs (VPP). The worksite approval is for Halliburton’s Drill Bits and Services manufacturing facility in The Woodlands, Texas. It is the only drill bit manufacturing facility in the energy services …
Smith Bits Introduces New Roller Cone Bits for Geothermal and High-Temperature Applications
Kaldera drill bits improve reliability in challenging downhole conditions. Smith Bits announced today the introduction of its Kaldera* advanced roller cone bits for geothermal and high-temperature drilling applications. Advanced materials technology has been developed to provide an engineered sealing and lubrication system for the drilling of high-temperature (HT) wells. “High-temperature …
Baker Hughes Offers Highly Accurate PDC Drill Bits
The Talon™ 3D high-efficiency vector-accurate PDC bit shortens the time it takes to drill a well and offers Baker Hughes’ customers the directional control necessary to drill curve and lateral sections in a single run. “Operators want to drill quickly and accurately so they can stay on plan,” says Scott …
NewTech Services and Varel International Create Joint Venture
NewTech Services (NTS) and Varel International announce the creation of a 50-50 joint venture company focused on manufacturing, assembling, servicing and sales of oil and gas drill bits for the Russian CIS market and beyond. The joint venture, Varel NTS, will establish a state-of-the art PDC manufacturing and service facility …